Business
SpaceX IPO Total Rises to $85.7 Billion as Underwriters Exercise Option
The record-breaking initial public offering grew after underwriters purchased an additional 83.3 million shares to meet investor demand.
Topic
finance
Business
SpaceX Targets $1.75 Trillion Valuation in Record-Breaking IPO
The rocket company is preparing for what is expected to be the largest initial public offering in history, with a roadshow slated to begin June 4.
Business
CFTC Regulatory Shifts Trigger Decline in Wall Street Exchange Stocks
Investors are selling off traditional exchange stocks as changes at the Commodity Futures Trading Commission open doors for prediction markets and new derivatives.
Tech
Alphabet to Raise $80 Billion to Fund AI Infrastructure Buildout
The Google parent company will utilize stock sales and a private deal with Berkshire Hathaway to expand AI compute capacity amid surging customer demand.
Business
US Treasury Rout Tests Washington's Tolerance for Higher Borrowing Costs
Rising Treasury yields are impacting borrowing costs across the US economy, including mortgages and business loans, amid surging government borrowing.